Invest and trade knowing it’s about the next 5000 days, not the next fifty days
With stocks recently selling off even on “good” earnings reports, I’m less than extremely bullish about the near-term as we get through the earnings season.
More to the point though, now that Wall Street and the mainstream media have decided once again that somehow a bunch of corrupt officials and plutocrats in power have figured out how to solve impossible-to-solve realities that will eventually someday result in the major defaulting by Greece and the probable demise of the EU, it’s probably time to prepare for the next set of panicky headlines and reasons to sell.
Whether it’s Occupy Wall Street or another round of “Oh my goodness, you mean Greece won’t be able to pay back all the money a bunch of idiot bankers lent it” headlines, let’s be prepared for the worst while the markets are bouncing on new highs.
Sell when others are greedy. Buy when they panic. Invest and trade knowing it’s about the next 5000 days, not the next fifty days. Ok?
